This report studies impediments to investment and private sector development in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, the former Yugoslav Republic of Macedonia, Moldova, Romania, and Serbia and Montenegro. It aims to yield fundamentally new insights for improving the region's business environment, economic development, and prospects for growth. It focuses on four core topics: 1) Business competition and economic barriers to entry and exit; 2) Access to regulated utilities and services; 3) Corporate ownership, transparency of business accounts, and access to finance; and 4) Mechanisms for commercial dispute resolution. Each topic is empirically investigated across all eight South Eastern European countries through the systematic use of data from multiple sources: Official data from each country in the region; results from two annual rounds of quantitative, firm-level surveys covering 1,600 firms; and results from 40 originally developed enterprise-level business case studies. The result is an innovative analysis of cross-country comparisons and the development of key policy challenges from a regional perspective. The report ends by making concrete recommendations for reforms that would ease the constraints on domestic and foreign investment, an essential step in sustaining growth and reducing poverty in the region.
Details
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Author
Anderson,James, Broadman,Harry G., Claessens,Constantijn A., Ryterman,Randi Susan, Slavova,Stefka, Vagliasindi,Maria, Andronova Vincelette,Gallina
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Document Date
2004/05/01
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Document Type
Publication
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Report Number
29301
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2010/07/01
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Disclosure Status
Disclosed
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Doc Name
Buildings market institutions in South Eastern Europe : comparative prospects for investment and private sector development
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Keywords
Competition policies; Business environment; Investment environment; Access to services; Regulated enterprises; Utilities regulation; Corporate ownership; Access to financial services; Dispute resolution arrangements; Case studies; Transparency requirements; Contract enforcement; Court performance; Court settlements; Judicial corruption; Policy implications; Institutional reforms; Market competition; Business performance; Service quality; Tariff protection; Tariff policies; Private sector development; Regional integration; Infrastructure development; Private sector development; Horizontal integration; Horizontal competition; Vertical financial integration
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Citation
Anderson,James Broadman,Harry G. Claessens,Constantijn A. Ryterman,Randi Susan Slavova,Stefka Vagliasindi,Maria Andronova Vincelette,Gallina
Buildings market institutions in South Eastern Europe : comparative prospects for investment and private sector development (English). Directions in development Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/132241468051250898/Buildings-market-institutions-in-South-Eastern-Europe-comparative-prospects-for-investment-and-private-sector-development